Manama: Inovest, a Bahrain-based Sharia-compliant investment firm, yesterday announced it has swung to a net profit of $3.2 million for the first quarter this year from a loss of $900,000 for the same period last year .
Inovest swings to net profit of $3.2 million
Inovest chairman Khaled Al Sanaousi said the company has come through a very challenging 2015, marked by a series of revival initiatives that have resulted in profit for the first time in several years.
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